India Wellness Tourism Market Size & Outlook, 2022-2030
India wellness tourism market, 2016-2030 (US$B)
Related Markets
India wellness tourism market highlights
- The India wellness tourism market generated a revenue of USD 25.8 billion in 2022 and is expected to reach USD 81.9 billion by 2030.
- The India market is expected to grow at a CAGR of 15.6% from 2023 to 2030.
- In terms of segment, lodging was the largest revenue generating service in 2022.
- Wellness Activities is the most lucrative service segment registering the fastest growth during the forecast period.
Wellness tourism market data book summary
| Market revenue in 2022 | USD 25.8 billion |
| Market revenue in 2030 | USD 81.9 billion |
| Growth rate | 15.6% (CAGR from 2022 to 2030) |
| Largest segment | Lodging |
| Fastest growing segment | Wellness Activities |
| Historical data | 2016 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | In-country Transport, Lodging, Food & Beverage, Wellness Activities, Shopping |
| Key market players worldwide | Hilton Worldwide Holdings Inc, Accor SA, Hyatt Hotels Corp Class A, Marriott International Inc Class A, New World Development Co Ltd, InterContinental Hotels Group PLC ADR, Four Seasons Hotels and Resorts |
Other key industry trends
- In terms of revenue, India accounted for 3.2% of the global wellness tourism market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, Thailand wellness tourism market is projected to lead the regional market in terms of revenue in 2030.
- Thailand is the fastest growing regional market in Asia Pacific and is projected to reach USD 91.4 billion by 2030.
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Wellness Tourism Market Scope
Wellness Tourism Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
India wellness tourism market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to wellness tourism market will help companies and investors design strategic landscapes.
Lodging was the largest segment with a revenue share of 23.64% in 2022. Horizon Databook has segmented the India wellness tourism market based on in-country transport, lodging, food & beverage, wellness activities, shopping covering the revenue growth of each sub-segment from 2016 to 2030.
India is South Asia’s major tourism destination and is growing at a rapid rate. According to the GWI’s Global Wellness Tourism Economy Report 2018, one of the main factors driving tourism expenditure has been wellness tourism since many of India’s tourism destination provide yoga, meditation, and Ayurveda retreats.
Moreover, the availability of an English-speaking workforce at centers, improved transport & communication infrastructure, and the opportunity for molding wellness tourism in India into lifestyle tourism by high-end travelers are driving the growth of wellness tourism in India.
Reasons to subscribe to India wellness tourism market databook:
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of India wellness tourism market databook
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Our clientele includes a mix of wellness tourism market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the India wellness tourism market, including forecasts for subscribers. This country databook contains high-level insights into India wellness tourism market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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India wellness tourism market size, by service, 2016-2030 (US$B)
India Wellness Tourism Market Share, 2022 & 2030 (US$B)
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